Very good morning for an interesting and exciting week ahead.
1. ROTH Capital LKE target price of 60 cents would have now reached most of potential investors and we may see an increase in volume this week
2. We have only 5 trading days for us to see preliminary results from Novonix. Yes, it may not be perfect and LKE/LILAC/HAZEN may have to tweak the process a bit to improve based on the outcome but still it will be a solid validation from an independent 3rd party. Expect, Nay sayers to make come comments as usual on the results.
3. LILAC renewed partnership announcement any moment.
4. I strongly feel that either Tesla, TATA or GM would be one of our offtake partners. This is pure speculation but based on some of the research I have done, this is a strong possibility. Let’s wait and see.
In December ‘20, I was expecting LKE MC to reach $250m-$300m by June ‘21. Then in January ‘21, I was expecting MC to reach $450m-$500 MC by June ‘21 but LKE has exceeded my expectations.
Now, based on soaring lithium prices, potential surprisingly positive future announcements from LKE and points stated above, I reckon we may touch $450m to $500m in the next few days (by at least 1st week of March ‘21), $600m-$750m by June ‘21 and if we keep on proving ourselves and delivering it, including Tier-1 offtake partners, then $1 Billion by end of this year (2021). This is purely my musings and please DYOR. All the very best holders of LKE shares.
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3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $60.06M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $20.14K | 547.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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14 | 1486597 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.7¢ | 366165 | 9 |
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No. | Vol. | Price($) |
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14 | 1486597 | 0.036 |
42 | 2532318 | 0.035 |
15 | 1903157 | 0.034 |
10 | 1155047 | 0.033 |
8 | 897263 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 366165 | 9 |
0.038 | 999679 | 12 |
0.039 | 1300591 | 10 |
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0.041 | 1499539 | 7 |
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